Blackpink Close to Renewing Contract with YG Entertainment

Individual members plan to pursue solo careers while continuing group activities, causing a 3% boost in YG's shares.

Blackpink, the biggest girl group in K-pop, is reportedly close to renewing its collective contract with YG Entertainment, boosting YG's KOSDAQ-listed shares by 3%.
Two of the four members have already signed the new Blackpink-YG contract, according to Munhwa Ilbo.
Individual members will not be renewing their exclusive contracts with YG, indicating a shift towards individual careers alongside group activities.
YG Entertainment shares previously dipped by 9% and 13% in September amid rumors that three members would not renew their contracts.
Blackpink's recent world tour included 66 performances in 34 cities and attracted 2.1 million spectators.